Karman Q2 revenue $182.1M (+58% YoY); raises FY guidance; acquires Walker Precision for $94M

Karman Holdings Inc.

Record quarterly revenue $182.1M (+58% YoY); net income $14.0M (+106%); diluted EPS $0.11 vs $0.05 prior year.
Adjusted EBITDA $54.6M (+55% YoY); adjusted diluted EPS $0.14 vs $0.10.
Backlog $1.3B (+65% vs FY2025 end); quarterly bookings ~$500M including large space/launch contract.
Agreed to acquire Walker Precision Engineering for ~$94M to expand European defense presence.
Completed debt repricing expected to reduce annual interest expense by ~$4M; raised FY2026 guidance: revenue $730-745M, adj. EBITDA $215-222.5M.

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